News

Two major retailers close doors

Everyday Living and Sleep City have closed up shop after entering administration earlier this year.
Everyday Living and Sleep City have closed up shop after entering administration earlier this year.

TWO major Coffs Harbour retail stores, operated by the same troubled company, have closed up shop after entering administration earlier this year and staging wind-down sales.

PwC, the administrator for Furniture and Bedding Concepts trading locally as Everyday Living and Sleep City has announced it has closed the two stores off Mastracolas Rd and as a consequence staff have been made redundant.

"As part of the orderly business wind-down we have made the difficult decision to close this store and as a consequence staff have been made redundant," partner of PwC Michael Fung said.

"PwC has been in touch with the Federal Government Department that deals with General Employee Entitlements and Redundancy Scheme (GEERS) and will assist the employees with their applications" Mr Fung said.

GEERS is a Federal Government payment scheme to assist employees who have lost their employment due to the liquidation or bankruptcy of their employer and who are owed certain employee entitlements.

It covers capped unpaid wages, annual and long service leave, payment in lieu of notice and capped redundancy pay.
PwC was appointed to handle the administration of Furniture and Bedding Concepts Ltd. and four other related entities on Monday , February 13.

The companies included in the administration are: Furniture and Bedding Concepts Ltd, Everyday Sleep Trading Pty Ltd, Uinta Beds Pty Limited, SDM Marketing Pty Ltd and Global Victoria Pty Ltd.

Topics:  business, closed, coffs coast, sleep



Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Fraser hits back at Carr’s new push to end marine captivity

State Member for Coffs Harbour Andrew Fraser has labelled former NSW premier Bob Carr ‘yesterday’s politician’ in response to his proposed bill to end marine captivity.

Fraser hits back at Carr’s new push to end marine captivity

Bob Carr pushes dolphins in captivity bill on parliament

Former NSW Premier Bob Carr and Greens member Dr Mehreen Faruqi announce the dolphins in captivity bill this week.

Bob Carr backs bill to stop dolphins being held in captivity

Michelle Bridges to launch our Harbour Club

Michelle Bridges will be the first guest speaker of The Coffs Coast Advocate's Harbour Club on Friday, August 12.

Michelle Bridges joins our Harbour Club

Latest deals and offers


Vandalism attack on Dolphin Marine Magic

dolphin marine magic vandalism attack. 05 MAY 2016.

Security footage showing the vandalism attack on Dolphin Marine Magic on Thursday...

Federal Police Defuse Dance Bomb

Australian Federal Police respond to "threat" in Canberra.

Australian Federal Police respond to "threat" in Canberra.

NSW Police join Dance Challenge

NSW Police show their moves at Manly Wharf.

Manly Wharf is the backdrop to NSW Police running-man dance entry.

The great Aussie dream has been downsized

HIGH LIFE: Apartment living in Coffs Harbour is becoming highly sought after by buyers.

The traditional quarter acre block is losing favour

Korora property provides the resort lifestyle

Live the resort lifestyle at Korora

Like to live in your own resort?

Renting harder in Coffs than Sydney

HIGH DEMAND: Coffs Harbour rental properties are in higher demand than in Sydney.

Coffs Harbour’s rental vacancy rate at lowest level in eight years